Since 1986 we have fished for Newfoundland and Labrador, first for groundfish, then, after the groundfish stocks collapsed, for the northern shrimp that made us one of Canada’s largest shrimp companies.
Our story
Forty years on the water.
1986
Founded25 Newfoundland seafood companies form Newfound Resources to harvest and deliver large quantities of groundfish for the province’s factories.
1991
Into shrimpAfter the collapse of the Canadian groundfish stocks, we receive an offshore shrimp licence and rebuild as one of Canada’s largest shrimp companies.
2011
MSC certifiedOur fishery becomes one of the first in Canada certified by the Marine Stewardship Council as sustainably harvested.
2013
Ungava Bay opensA new fishery for Pandalus montagui begins in Ungava Bay, developed with our partners at Makivvik.
2017
The Victor arrivesOn February 4, the Newfoundland Victor joins the fleet: Canada’s first green fishing vessel.
Partners
Quota holders who fish as one team.
Expensive vessels, soaring fuel costs, unpredictable exchange rates and limited quotas make partnership the only way to sustain a year-round fishery in the icy waters of the Northwest Atlantic.
Inuit of Nunavik · Kuujjuaq
Makivvik
Makivvik was formed in 1975 to protect the rights and interests of Nunavik Inuit under their land claims agreements, and has led the building of Nunavik politically, culturally and economically. It holds large quotas in Canada’s shrimp fishery and special allocations in waters within its land claims area. We are committed to developing these resources for the benefit of Nunavik and its people.
Our vessel harvests the Co-op’s offshore allocation, employing people from Fogo Island, and we market their shell-on shrimp around the world. In the 1960s the island’s 11 communities refused to be resettled and built their own future through what became known as the Fogo Process. Today the island thrives, largely on the success of the Co-op’s fish plants.
Looking for snow crab, cooked and peeled shrimp or groundfish? Call the Co-op and tell them we sent you.